Income with opportunity!


3 Wharawhara Road, Katikati

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Income with opportunity! | 3 Wharawhara Road, Katikati | 2501454 |      X Close
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Income with opportunity!


• High profile 8989sqm corner site with excellent exposure to State Highway 2

• Improvements include two barn style buildings totaling 958sqm

• Close proximity to Katikati town centre and just 30 minutes to Tauranga

• Two established tenants returning $60,000 + GST & 70% Outgoings

• Superb opportunity to secure a lifestyle site with rental income

• Suit investors/owner-occupiers/developers looking to add value

The property comprises a rural zoned site which has been developed with two barnstyle buildings that are currently utilised for commercial business activities. The principal building is tenanted by Chrome Cafe Limited who have recently commenced a new two-year lease which includes a significant number of landlord owned chattels that are included in the sale. The second building is leased to McElwains Auctions.

The balance of the site further provides for future development such as a new dwelling or another barn structure to complement the existing, subject to resource consent. This rear area has stunning views to the west with the Uretara stream meandering in the foreground and the majestic Kaimai Ranges in the background.

The location and strong profile of the property to State Highway 2 provides numerous lifestyle and business options for a new owner-occupier, investor or developer to reap the rewards from this highly visible site.

Brendon Bradley

Tauranga

Licensed under the REA Act 2008

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Lynn Bradley

Tauranga

Licensed under the REA Act 2008

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3 Wharawhara Road, Katikati

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Brendon Bradley

Tauranga

Licensed under the REA Act 2008

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Lynn Bradley

Tauranga

Licensed under the REA Act 2008

View profile